Bahamas Hope Foundation Inc (EIN 271290322) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Principal Officer

Brian Rafferty

Phone

2423627804

Tax Period

2024-01-01 to 2024-12-31

Bahamas Hope Foundation Inc is a small nonprofit in the Medical Research sector that reported $106K in total revenue in fiscal year 2024. Revenue surged 43% from the prior year, signaling strong growth momentum. The organization ran a surplus of $103K, a strong 97% operating margin.

Mission

To help channel resources to critical programs and initiatives in The Bahamas which enhance the treatment and care of persons battling cancer and which advance research into the cause and possible cure for cancer.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $75,021

Program Service Revenue $0

Investment Income $31,107

Other Revenue $0

TOTAL REVENUE $106,128

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $3,118

TOTAL EXPENSES $3,118

Year-over-Year Comparison

	2024	2023	Change
Revenue	$106,128	$74,355	+0.4%
Expenses	$3,118	$2,661	+0.2%
Net Income	$103,010	$71,694	+0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Richard Brusselback	Director	1.00	Director	$0	$0	$0
Calvin Mitchell	Director	1.00	Director	$0	$0	$0
Brian Rafferty	Director	1.00	Director	$0	$0	$0
James H Clingham Jr	Director	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$106,128	$3,118	$691,805	$103,010
2023	$74,355	$2,661	$588,795	$71,694
2022	$73,140	$105,011	$517,101	$-31,871
2021	$5,944	$52,355	$548,972	$-46,411
2020	$61,335	$1,555	$595,383	$59,780
2019	$108,598	No data	$535,603	No data

Bahamas Hope Foundation Inc